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Are Judgments Discharged in Bankruptcy?

People who file for bankruptcy are often perplexed about debts that are associated with a judgment. Can a debt on which there is a judgment or lien receive a bankruptcy discharge?

The first step in answering the question is pinpointing the type of debt is in question. Determining which debts are dischargeable depends on the kind of debt and how the debt was incurred. …

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More Seniors are Turning to Bankruptcy for Debt Relief

When we’re young, we think of retirement as a time to relax, kick our feet up and enjoy the rewards of life or hard work. Sadly, there is a growing trend of retired seniors forced to deal with increased living expenses and decreased income spending retirement by turning to the protections of bankruptcy.

Why Are More Seniors Turning to Bankruptcy?

Seniors are More Leveraged:

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5 Tips for Recovering After Bankruptcy

Did you recently file for bankruptcy? Are you worried about your credit? Many bankruptcy filers are surprised by how quickly they can get started repairing their credit after bankruptcy. Rebuilding your credit after bankruptcy is not easy, but it can be done.

Tips for Recovering After Bankruptcy:

  1. Use Credit. This seems counterintuitive. You just filed bankruptcy and discharged your debt. Many instinctively want
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What to Know When Filing for Bankruptcy

You may have decided that you need to file for bankruptcy, but that doesn’t mean that it isn’t scary. If you find yourself fearing the process, remember that bankruptcy laws are there to protect you. You have options even in the midst of impossible financial trouble. Once you’ve decided to file bankruptcy, the process is fairly straight forward.

What Type of Bankruptcy? Once you decide …

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